A Dividend Aristocrat with 63 Years of Unbroken Increases: Why This Buffett-Favorite Stock Deserves Your Attention

This High-Yield Warren Buffett Stock Has Increased Its Dividend for 34 Years

March 29, 2025

Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway, has a reputation for seeking out high-quality companies with strong financials and competitive advantages. One of his favorite stocks, Coca-Cola (NYSE: KO), has been a staple in his portfolio for decades. And for good reason: the beverage giant has increased its dividend payout for an impressive 34 years in a row.

Coca-Cola's dividend growth streak is a testament to the company's financial stability and commitment to returning value to shareholders. The company's dividend yield of 3.1% is significantly higher than the broader market, making it an attractive option for income-seeking investors.

In its most recent quarterly earnings report, Coca-Cola reported a 5% increase in revenue and a 12% increase in operating income compared to the same period last year. The company's diversified portfolio of brands, including Fanta, Sprite, and Dasani, has helped it weather economic downturns and capitalize on growth opportunities.

Berkshire Hathaway's investment in Coca-Cola is a significant one, with the conglomerate holding over 9% of the company's outstanding shares. Buffett has praised Coca-Cola's management team and the company's brand portfolio, saying that the company's "dividend record is a remarkable one."

For investors looking for a high-yield stock with a proven track record of dividend growth, Coca-Cola is an attractive option. With its strong financials, diverse brand portfolio, and commitment to returning value to shareholders, the company is well-positioned for continued success in the years to come.